Tag: India tax bitcoin

Four crypto exchanges in India have challenged the circular from the Reserve Bank of India (RBI), i.e. India’s central bank, denying them banking services, in the Supreme Court of India, the highest court in the country. The exchanges that have jointly filed the Writ Petition are Coindelta, Koinex, Throughbit, and CoinDCX. Cryptocurrencies including Bitcoin aren’t […]

Author -Anujit India will not ban cryptocurrencies or crypto exchanges and trading! In the past few days, India has been the main focus as reports of an imminent ‘ban’ on bitcoin and other cryptocurrencies looming in the country. However, India is not introducing a ban or planning to ban crypto exchanges and trading. The reports […]

Guest Post – Anujith Bitcoin exchanges in India are trying to ascertain their tax liabilities. The key questions are whether bitcoins will be treated as currency, or they will be treated as goods or services which will bring them in the purview of Indian Goods and Services Tax (GST). The exchanges have asked for clarifications […]

By Guest Author. The recent warning from Reserve Bank of India (RBI) has made the bitcoin traders and enthusiasts in India concerned. RBI has asked the Indian citizens to be cautious about bitcoin trading, and mentions that such trading will be at their own risk. RBI has stressed that they don’t control bitcoin or bitcoin […]

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The United States Securities and Exchange Commission has continued its in-depth assessment of Initial coin offerings (ICOs) with the body reaching a settlement on two crypto startups. Initial coin offerings (ICOs), may be important platforms for crypto projects to raise funds, but these platforms must also operate in accordance with the regulatory requirements spelled out […]

Oil industry giants BP and Shell are among a group of business entities plotting the launch of a Blockchain platform that will automate post-trade processes in the energy industry this year. This news was revealed by VAKT Global, a consortium that is building the platform, at a digital commodities summit hosted by S&P Global Platts […]

Even though it didn’t appear so in the first days of the month, the last week was marked in a bloodbath for all major cryptos as even Bitcoin and Ethereum touched their new lows for the year 2018. In the market craze of negative trends that marked the week between November 12th and November 18th, […]

Bosch, an electronic manufacturing giant has partnered with IOTA in a bid to integrate its new data collection internet of things (IoT) device with the decentralized IOTA Data Marketplace. This is according to a tweet made by a Bosch representative on November the 12th. The IOTA marketplace is a data marketplace where various interested parties […]

Bitcoin Cash previously announced a hard fork due to the crucial disagreements between the visions of two different teams taking care of Bitcoin Cash since it was originally forked out of Bitcoin (BTC) chain. The two teams, Bitcoin ABC and Bitcoin SV decided to split, which resulted in splitting the chain in two as well, […]

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